Established in 1986, FirstCity is a specialty financial services company focused on purchasing and resolving loans and other portfolio assets. The company acquires, services and manages a variety of financial assets, including performing and non-performing commercial and consumer loans in markets worldwide. To date, the company s acquired assets have a value of more than $8 billion. FirstCity concentrates its acquisitions in the area of commercial assets, including commercial mortgages, free simple interest in real estate, leasehold interest in real estate, business loans and commercial lease obligations. FirstCity services include debt purchases, due diligence underwriting, loan services and management, debt negotiations and acquisitions. Based in Waco, Texas, FirstCity has expanded with offices in Mexico and affiliates in Europe and South America.